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Author Topic: A Day At The Auctions  (Read 5813 times)

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Sir Tigger KC

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A Day At The Auctions
« on: 17 September 2018, 15:52:54 »

I went to BCA today to buy a 'bargain' 2009 Discovery 4 3.0 TDV6 GS in silver. It was advertised as Grade 1, had about 63,000 miles and 7 service stamps in the book.  :y  When I got there it was indeed immaculate, inside, out and underneath and when they started it up it sounded as sweet as a nut! It had clearly been well looked after. :y

Average dealer price on ebay for comparables was £12950, and as the only thing that I could see it possibly needed was a cambelt (£800-900) I decided to bid up to £11500.  The bidding quickly passed that and finished at £12500, so with auction fees it probably cost the buyer £12900ish!  ::)  With the possibility of the cost of a cambelt on top!  ;D

Ho hum!  :-\  ::)

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tunnie

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Re: A Day At The Auctions
« Reply #1 on: 17 September 2018, 16:01:36 »

They don't appear to be great value these auctions, at least outside the banger budgets.

I remember talking to that dodgy car dealer of Oxford, about BCA auctions. At the time I was on the hunt for my VW CC, having zero'd in one spec/budget I wanted.

I bought mine from CarGiant in the end, the price I paid for age, spec, miles, condition was lower than he had seen identical age/spec's go through BCA that week.  :-\
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Field Marshal Dr. Opti

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Re: A Day At The Auctions
« Reply #2 on: 17 September 2018, 17:49:09 »

They don't appear to be great value these auctions, at least outside the banger budgets.

I remember talking to that dodgy car dealer of Oxford, about BCA auctions. At the time I was on the hunt for my VW CC, having zero'd in one spec/budget I wanted.

I bought mine from CarGiant in the end, the price I paid for age, spec, miles, condition was lower than he had seen identical age/spec's go through BCA that week.  :-\


True......especially when the buyers premium is added.

People fall into the trap of thinking that 'whatever' they pay it has to be cheaper because it is an auction. Often not true.

The same with house auctions.
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TheBoy

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Re: A Day At The Auctions
« Reply #3 on: 17 September 2018, 17:54:28 »

And egay.
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Sir Tigger KC

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Re: A Day At The Auctions
« Reply #4 on: 17 September 2018, 18:13:06 »

There was a bit of a 'bidding war' over a nice but nothing special, 3 or 4 year old Ford S-Max, which went for well over forecourt price!  :o  ::)  ;D
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Field Marshal Dr. Opti

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Re: A Day At The Auctions
« Reply #5 on: 17 September 2018, 18:17:08 »

There was a bit of a 'bidding war' over a nice but nothing special, 3 or 4 year old Ford S-Max, which went for well over forecourt price!  :o  ::)  ;D

Frenzy. People loose all reason and end up paying too much.
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STEMO

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Re: A Day At The Auctions
« Reply #6 on: 17 September 2018, 18:17:24 »

It's all a bit weird. When we traded wifey's captur against the astra, Evans Halshaw gave us almost as much in trade-in as they were retailing for. And the astra was about £500 under what Parkers said it should be. I'm not complaining, but it's hard to fathom.
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Field Marshal Dr. Opti

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Re: A Day At The Auctions
« Reply #7 on: 17 September 2018, 18:18:40 »

It's all a bit weird. When we traded wifey's captur against the astra, Evans Halshaw gave us almost as much in trade-in as they were retailing for. And the astra was about £500 under what Parkers said it should be. I'm not complaining, but it's hard to fathom.

It's because you are a very likeable young chap. ::)
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STEMO

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Re: A Day At The Auctions
« Reply #8 on: 17 September 2018, 18:19:28 »

It's all a bit weird. When we traded wifey's captur against the astra, Evans Halshaw gave us almost as much in trade-in as they were retailing for. And the astra was about £500 under what Parkers said it should be. I'm not complaining, but it's hard to fathom.

It's because you are a very likeable young chap. ::)
There is that, I suppose.
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Field Marshal Dr. Opti

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Re: A Day At The Auctions
« Reply #9 on: 17 September 2018, 19:42:41 »

It's all a bit weird. When we traded wifey's captur against the astra, Evans Halshaw gave us almost as much in trade-in as they were retailing for. And the astra was about £500 under what Parkers said it should be. I'm not complaining, but it's hard to fathom.

It's because you are a very likeable young chap. ::)
There is that, I suppose.

You are far too modest. :)
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Field Marshal Dr. Opti

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Re: A Day At The Auctions
« Reply #10 on: 17 September 2018, 19:44:43 »

I went to BCA today to buy a 'bargain' 2009 Discovery 4 3.0 TDV6 GS in silver. It was advertised as Grade 1, had about 63,000 miles and 7 service stamps in the book.  :y  When I got there it was indeed immaculate, inside, out and underneath and when they started it up it sounded as sweet as a nut! It had clearly been well looked after. :y

Average dealer price on ebay for comparables was £12950, and as the only thing that I could see it possibly needed was a cambelt (£800-900) I decided to bid up to £11500.  The bidding quickly passed that and finished at £12500, so with auction fees it probably cost the buyer £12900ish! ::)  With the possibility of the cost of a cambelt on top!  ;D

Ho hum!  :-\  ::)


For a nine year old poorly built unreliable farmyard vehicle. Crazy money. :-X
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Sir Tigger KC

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Re: A Day At The Auctions
« Reply #11 on: 17 September 2018, 20:38:15 »

The vendor was WBAC.com (owned by BCA) who probably paid half that for it.  ::)
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Sir Tigger KC

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Re: A Day At The Auctions
« Reply #12 on: 17 September 2018, 23:31:34 »

The vendor was WBAC.com (owned by BCA) who probably paid half that for it.  ::)

Just out of interest I put the details of a comparable Disco 4 into WBAC.com to see what they offered.  ::)

Drum roll.................  £6785!  I was half joking when I said above that they paid half for it.  ::)

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Doctor Gollum

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Re: A Day At The Auctions
« Reply #13 on: 18 September 2018, 00:23:35 »

The vendor was WBAC.com (owned by BCA) who probably paid a tenth of that for it.  ::)
Theiving vermin bastids.

They offered me £50 for my MoT failure Omega. Scrapped it with a firm in Preston for £183 collected.
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Sir Tigger KC

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Re: A Day At The Auctions
« Reply #14 on: 18 September 2018, 01:27:05 »

It's a good business model though and shows to some extent why the CE of BCA is in line for a(n obscene) £23m bonus this year.   ::)  ;)
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